European Renewable Energy Trends in 2024
Renewable Energy is part of Energy and includes a number of sub-sectors such as Geothermal Energy, Solar Energy, Wind Power, Hydropower and Bioenergy. You may also be interested in Nuclear Power, Electric Power and Coal.
European renewable energy generation is projected to reach approximately 1,520 terawatt-hours by 2028, a significant increase from around 1,150 terawatt-hours in 2023. This marks an average annual growth rate of 4.5%. Since 1970, the European renewable energy supply has seen an annual increase of 8.6%. In 2023, Germany led the continent with 276 terawatt-hours of renewable energy generated. The United Kingdom, Spain, and France followed in second, third, and fourth places, respectively. Notably, Ukraine experienced a dramatic year-on-year increase of 54.5%, while Latvia saw a slight decline of 0.4% since 1970.
Top 10 countries
In 2024 major markets in the Renewable Energy Industry were:
World Renewable Energy Market Data and Forecasts
How much the Renewable Energy industry is expected to grow to 2028?
World Renewable Energy Top Rankings
Global Renewable Energy Statistics
- Final Consumption Expenditures 222 countries (Europe, Southern Europe, Eastern Europe...)
- Electricity Generation 176 countries (Europe, Southern Europe, Eastern Europe...)
- Energy Supply 179 countries (Europe, Southern Europe, Eastern Europe...)
- Biofuel Demand 71 countries (Europe, Southern Europe, Northern Europe...)
- Bioenergy Consumption 233 countries (Europe, Southern Europe, Africa...)
- Renewable Generation 149 countries (Europe, Northern Europe, Eastern Europe...)
- Biodiesel Demand 93 countries (Europe, Northern Europe, Scandinavia...)
- Wood Fuel Import 204 countries (Asia, Africa, Sub-Saharan Africa...)
- Industrial Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Wood Pellet Export 121 countries (Europe, Southern Europe, Western Europe...)
